MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(M3) Trend Needle Points North

BOBL TECHS
  • RES 4: 121.950 High Oct 4 2022 (cont) and a key resistance
  • RES 3: 121.290 High Dec 2 2022 (cont)
  • RES 2: 121.090 High Dec 8 2022 (cont)
  • RES 1: 120.00/120.610 Round number resistance / High Mar 20
  • PRICE: 119.500 @ 05:12 GMT Mar 21
  • SUP 1: 118.600 Low Mar 20
  • SUP 2: 117.820 Low Mar 17
  • SUP 3: 117.175 20-day EMA
  • SUP 4: 116.370 Low Mar 15

Bobl futures traded higher Monday and conditions remain volatile. Price has traded above 120.00. The outlook remains bullish following last week’s gains and a continuation higher would pave the way for a climb towards 121.090, the Dec 8 2022 high on the continuation chart. On the downside, key short-term support to watch lies at the 20-day EMA which intersects at 117.175. A break would alter the picture.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.